EUCALYPTUS OIL & EUCALYPTOL

EUCALYPTUS OIL & EUCALYPTOL

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EUCALYPTUS OIL & EUCALYPTOL

January 2019

Early December brought some small relief on prices, but a substantial inquiry has caused prices to firm.

December 2018

With new oil having entered the market prices have eased slightly. Reports indicate that demand is still off, and if demand spikes so will prices.

October 2018

Prices are firm, with relief hoped for at the end of this year.

September 2018

Heavy rains in the growing areas have kept volumes of oil down. One report we have states that there will be no new oil before November and that sellers have suspended offers. With demand traditionally heavy the end of autumn, it is expected that prices will continue to be firm.

August 2018

Reports continue to advise Eucalyptus Oil is short. Prices for both items still firm.

July 2018

The main producing areas in China are now in their rainy season. However the government has not yet lifted their ban on distilling crude in the forests (no fires allowed). Reports indicate there will not be any new oil until Nov/Dec 2018. Reports also indicate demand has been low, but any upswing will cause prices to jump.

June 2018

Reports indicate that demand has eased and there has been a small short term easing of prices. With limited amount of oil due to arrive in August it is believed prices will be firm. One report states that the amount of new trees being planted is not sufficient to replace those that have been damaged. In the future products will continue to be tight. This report indicates prices will not return any time soon to “customary” levels.

May 2018

Prices continue to climb as demand is outstripping availability. With a smaller harvest traditionally occurring in May through July, we do not foresee any price relief soon.

April 2018

Prices continue to firm as available stocks dwindle.

March 2018

Traditionally, prices firm after Chinese New Year and this year will not be an exception. Stocks are extremely limited.

February 2018

Prices continue to rise as supply cannot cover current demand. The prolonged rains that occurred in November hampered collection as well as reducing oil content in leaves. Many suppliers are unable to offer while others who can, offer with prices good for that day only. This situation is not expected to ease until August or September.

January 2018

New crude oil output is very slightly improved, however, oil distillers and brokers are speculating in the market. The price of crude oil is increasing every day and even with the higher prices, difficult to secure.

December 2017

Traditionally new crude oil reaches the market in December, though by this time of the year crude oil is only trickling in and not at the volumes that would satisfy demand. Prices continue to be firm on the all-time high level and many users who are in need are buying.

September 2017

Continued lack of supply, along with strong demand, has kept prices firming on a weekly basis. Bad weather in the growing regions will have an impact on what will be harvested for the traditional end of year supply.

July 2017

Reports continue to state that there are limited quantities of oil available. Prices for both items continue to rise.

June 2017

Offers are continuing to be made, although at high levels. Traditionally, there is a feeling that when new oil enters the market in July/August prices will soften. However, inventories of both crude and refined oil are low so buyers are waiting to see what will happen in this market.

May 2017

One dealer has reported Eucalyptus production in 2015 was 8,500 tons, in 2016 only 7,000 tons. This dealer is also advising that in certain growing areas, access to the mountains has been banned by the government as a fire prevention method. Combining this with the bad weather earlier this year, production has been far less than usual. Prices are climbing on a weekly basis.

April 2017

Prices continue to firm as supplies are being exhausted. With spring collection still two months away we do not see any easing of prices.

March 2017

Crude Eucalyptus stocks are limited as snow and cold weather have hampered the collection of leaves during the normal period at the end of 2016. Prices continue to climb and we are aware of orders being defaulted. With continued reports of damaged trees, even though the next collections begin in May, we do not foresee any relief soon.

February 2017

Continued reports of shortages in the growing region have led to higher prices for every subsequent inquiry.

January 2017

Reports continue to state that farmers were unable to collect and process leaves to make oil. With a revised tax policy in place, prices have firmed and there doesn’t appear to be any relief until June/July 2017.

December 2016

Reports that inclement weather has impeded production are again being circulated. Heavy rains and cold weather in the growing regions have caused prices to firm after a short interval of softening. Currency fluctuations may ease some of these price increases.

November 2016

Indications are that by late November / early December a significant (?) quantity of oil will enter the market. The impact of this anticipated expansion of supply has been felt through a slight easing of prices. Reports state that farmers are selling stocks of crude oil now in anticipation of further reductions. Any spurt in demand before the end of the year will likely cut into these price reductions.

October 2016

Reports continue to state that the supply is tight but new oil is expected to enter the market late November and early December.

August 2016

New oil is beginning to enter the market as there are unsolicited offers. These new offers are still high as reports continue to say that oil is limited. We are being advised that prices will not ease until October.

June 2016

Prices continue to be firm as suppliers claim there is low carryover and limited availability. New Oil normally reaches the market in July but this year has been anything but normal. Prices are expected to remain firm through July/August at least.

April 2016

First hand accounts of the eucalyptus trees in southern Yunnan describe severe damage caused by cold. Pictures show Eucalyptus trees either barren or covered only in dead, dried leaves. The exact extent of the damage and potential for recovery is unknown but we foresee an increase in price at least for the short term. If new Oil hits the market at its traditional time in July prices might begin to soften.

February 2016

December reports of increasing demand and firming prices from one of our suppliers have turned out to be correct. Prices for Eucalyptus Oil and Eucalyptol have increased and availability is limited. It is believed that these firmer prices should drive up availability after the Chinese Lunar New Year.

January 2016

Pricing for Eucalyptus oil has softened slightly as new Oil has entered the market. Reports from one supplier, however, claim that demand is increasing and pricing is firm. Eucalyptol pricing has also softened.

December 2015

With new Oil entering the market, we hope to see quality issues on Eucalyptus Oil begin to diminish. With this influx we have seen a slight softening in pricing from origin. Historically, this softening continues through February but the last two years have deviated from that trend with rising prices. Eucalyptol continues to follow the price for Eucalyptus Oil.

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